Just FYI and for completeness - approx. 1 min. 38 secs. long - nothing new here, though, I believe.
by Stephanie Martin - April 12, 2010 - from KQED
''The Chinese rail ministry is in talks with the state government in California to both build and finance a link between Los Angeles and San Francisco. The high-speed rail project needs private financing of up to $12 billion. California is talking to other countries that have high speed rail as well.''
http://www.npr.org/templates/story/story.php?storyId=125845769
- Paul North.
Paul: This topic already has a thread on Passenger. Join in!
C&NW, CA&E, MILW, CGW and IC fan
Interesting article! I would suggest that the operative phrase is ' Build and Finance' where California is concerned this statement may be slightly oxymoronic.
If California goes bankrupt, wonder who the Chinese will get to reposses their property? Should make for an i nteresting reality TV production.
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